Tag: silver

Tocvan Drills 116.9-meters of 1.2 g/t Au and 7 g/t Ag, including 10.2-meters of 12 g/t Au and 23 g/t Ag at Pilar.

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce drill results from its Pilar Au-Ag Project in Sonora, Mexico. Results for drill hole JES-22-59 are provided in this release, a core twin of RC drill hole JES-20-32 which returned 94.6-meters at 1.6 g/t Au (see Figure 1). Drill hole JES-22-59 was previously mentioned in a news release (see NR February 15, 2022) where a mineralized breccia host was observed in drill core correlating to the Main Zone at Pilar. JES-22-59 returned 116.9-meters at 1.2 g/t Au and 7 g/t Ag, including an impressive 48.1-meters at 2.8 g/t Au and 9 g/t Ag. High-grade gold-silver mineralization was recorded adjacent to a heavily faulted and altered zone returning 10.2-meters at 12.0 g/t Au and 23 g/t Ag, including 4.2-meters at 28.3 g/t Au and 49 g/t Ag. read more

Bayhorse Silver Makes Breakthrough in Understanding Structural Control of Mineralization, At Bayhorse Silver Mine, Oregon, USA

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V.BHS, Bayhorse Silver, silver, Oregon
info

Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the “Company” or “Bayhorse”) reports on a recent geological structural review of the mineralized system deep inside the historic mine by Dr. Clay Conway, P. Geo., at the Big Dog and Goldilocks Zones at the Bayhorse Silver Mine, Oregon, USA. read more

Trench T-17 Assays 0.86 G/T Gold Across 36 Metre Width

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Lucky Minerals Inc.(TSXV:LKY) (OTC PINK:LKMNF) (FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has received assay results for trenches T-17, T-18 and T-19 from its ongoing work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. This Cluster of trenches is located approximately 75 metres south of the combined trenches T-5 and T-6 where an average of 1.67 g/t gold was reported over 61 metres (please see November 9, 2021 News Release). read more

GR Silver Mining Underground Drilling at San Marcial Continues to Deliver Wide and High-grade Silver Intercepts, Confirming Potential for Resource Expansion

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Figure 1: Longitudinal section displaying “Ag Grade x Thickness” contours of the San Marcial NI 43-101 resource model and new extensions to the mineralized body, down dip and along strike (CNW Group/GR Silver Mining Ltd.)
Figure 1: Longitudinal section displaying “Ag Grade x Thickness” contours of the San Marcial NI 43-101 resource model and new extensions to the mineralized body, down dip and along strike (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to confirm the extension of wide high-grade silver (Ag) mineralization from underground drilling in the San Marcial Area, at the Plomosas Project, Sinaloa, Mexico. These assay results are from three underground drill holes completed in 2021 and reinforce the widening of the mineral body at depth and along strike, supporting potential resource expansion. The successful eight-hole underground drill program confirmed a significant expansion of high-grade Ag mineralization approximately 300 m down dip below the lower limit of the pit-constrained San Marcial NI 43-101 (2019) mineral resource. High-grade drill hole SMI21-07 indicates extension of the Ag mineralization by almost 100 m down dip below previously released drill hole SMI21-04 (Figures 1 and 2) (see News Release dated January 31, 2022). read more

GCM Mining Announces Fourth Quarter and Full Year 2021 Results

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GCM Mining Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its audited consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the year ended December 31, 2021. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted. Non-GAAP financial performance measures in this press release are identified with “NG”. For a detailed description of each of the non-GAAP measures used in this press release and a detailed reconciliation to the most directly comparable measure under IFRS, please refer to the Company’s MD&A. read more

Tocvan Drills 21.7-meters of 0.94 g/t Oxide Au including 4.0-meters of 4.3 g/t Au and 7 g/t Ag at Pilar.

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce initial drill results from its Pilar Au-Ag Project in Sonora, Mexico. Results for the first three drill holes are provided in this release, totaling 513.3 meters of drilling within the Main Zone (see Figure 1). A total of 1,540 meters of Phase III drilling has been completed in nine drill holes providing key information across the Main Zone and 4-T Trend. Drill hole JES-22-58 intersected 21.7-meters of 0.94 g/t Au, including 4.0 meters of 4.3 g/t Au and 7 g/t Ag. JES-22-58 was a diamond drill hole to confirm host rock and structure from the local Reverse Circulation (“RC”) drill hole JES-20-36 which intersected 24.4 meters of 2.5 g/t Au and 73 g/t Ag, including a high-grade interval of 1.5 meters of 33.4 g/t Au and 1,090 g/t Ag. read more

GCM Mining Corp. Acquires 3,430,000 Common Shares in Denarius Metals Corp. and Files Early Warning Report

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM; OTCQX: TPRFF) announced that it filed an early warning report in connection with its acquisition today over the Chi-X Market of an aggregate of 3,430,000 common shares (the “Denarius Shares”) of Denarius Metals Corp. (“Denarius”) (TSXV:DSLV; OTCQB: DNRSF). The Denarius Shares were acquired at a price of $0.475 per share for an aggregate purchase price of $1,645,545 and was effected through a block trade. read more

GR Silver Mining Announces Closing of $7.35 Million Private Placement Offering of Special Warrants

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GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce that it has completed its previously announced (see news release dated March 10, 2022) best-efforts private placement offering (the “Offering”), issuing 27,236,755 special warrants of the Company (the “Special Warrants”) at a price of $0.27 per Special Warrant (the “Issue Price”) for aggregate gross proceeds of $7,353,923.85, including 1,236,755 Special Warrants sold pursuant to the partial exercise of the option granted to the Agents (as defined herein) pursuant to the Agency Agreement (as defined herein). read more

Bayhorse Silver: Mine, Mill, Production

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BHS.V, Bayhorse Silver, silver, Oregon

Shareholders of Bayhorse Silver (BHS.v) have waited a long time for all of the details and logistics of the Bayhorse Mine in Oregon to fall into place. Graeme O’Neill, BHS’s CEO has been working hard for years to plan the mining operation, integrate the ore sorter and build a milling facility to produce concentrate. Every step of the way cost money and O’Neill has raised that money. read more

GCM Mining Provides Annual Update to Segovia’s Mineral Resource and Reserve Estimates

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has completed updated Mineral Resource and Mineral Reserve estimates for its Segovia Operations prepared in accordance with the Canadian Institute of Mining Metallurgy and Petroleum (“CIM”) Definition Standards incorporated by reference in National Instrument 43-101 (“NI 43-101”) with an effective date of December 31, 2021. read more